The general public is informed that the Ministry of Finance, in collaboration with the Ministry of Energy and Electricity Distribution and Supply Authority (EDSA). engaged the management of Karpowership ío resolve the current energy challenge in Freetown on Thursday, 25th April 2024.
Following these negotiations, the Ministry of Finance has paid Us$ 17m to the Karpowership to reduce outstanding obligations.
In addition, the Govenment has also transferred US$ 1.5m to TRANSCO-CLSG to ensure continued power supply from Cote D’lvoire.
The Ministry of Finance, Ministry of Energy and EDSA will further engage with the respective independent Power Producers (IPPs) to renegotiate the current contracts to sustainable and reliable energy supply.
The public is further informed that the Ministry of Finance will deepen engagement with the Ministry of Energy and EDSA to roll out reforms that will ensure the financial viability of the Energy Sector.
-
𝐕𝐏 𝐉𝐮𝐥𝐝𝐞𝐡 𝐉𝐚𝐥𝐥𝐨𝐡 𝐂𝐨𝐦𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧 𝐅𝐫𝐞𝐞𝐭𝐨𝐰𝐧
The Honourable Vice President, Dr Mohamed Juldeh Jalloh yesterday, commissioned a much-nee… -
𝐔.𝐒. 𝐀𝐦𝐛𝐚𝐬𝐬𝐚𝐝𝐨𝐫 𝐕𝐢𝐬𝐢𝐭𝐬 𝐒𝐋𝐏𝐏 𝐎𝐟𝐟𝐢𝐜𝐞
𝐁𝐲 𝐎𝐮𝐫 𝐏𝐨𝐥𝐢𝐭𝐢𝐜𝐚𝐥 𝐂𝐨𝐫𝐫𝐞𝐬𝐩𝐨𝐧𝐝𝐞𝐧𝐜𝐞. The United States of America Ambassador to Sierra Leone, … -
𝐅𝐢𝐫𝐬𝐭 𝐋𝐚𝐝𝐲 𝐀𝐭𝐭𝐞𝐧𝐝𝐬 𝐎𝐈𝐂 𝐂𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐈𝐧 𝐍𝐢𝐠𝐞𝐫𝐢𝐚
Sheku Tanga – Sierra Leone Information, Federal Republic of Nigeria. The First Lady …
Load More Related Articles
-
𝐕𝐏 𝐉𝐮𝐥𝐝𝐞𝐡 𝐉𝐚𝐥𝐥𝐨𝐡 𝐂𝐨𝐦𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧 𝐅𝐫𝐞𝐞𝐭𝐨𝐰𝐧
The Honourable Vice President, Dr Mohamed Juldeh Jalloh yesterday, commissioned a much-nee… -
𝐔.𝐒. 𝐀𝐦𝐛𝐚𝐬𝐬𝐚𝐝𝐨𝐫 𝐕𝐢𝐬𝐢𝐭𝐬 𝐒𝐋𝐏𝐏 𝐎𝐟𝐟𝐢𝐜𝐞
𝐁𝐲 𝐎𝐮𝐫 𝐏𝐨𝐥𝐢𝐭𝐢𝐜𝐚𝐥 𝐂𝐨𝐫𝐫𝐞𝐬𝐩𝐨𝐧𝐝𝐞𝐧𝐜𝐞. The United States of America Ambassador to Sierra Leone, … -
𝐅𝐢𝐫𝐬𝐭 𝐋𝐚𝐝𝐲 𝐀𝐭𝐭𝐞𝐧𝐝𝐬 𝐎𝐈𝐂 𝐂𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐈𝐧 𝐍𝐢𝐠𝐞𝐫𝐢𝐚
Sheku Tanga – Sierra Leone Information, Federal Republic of Nigeria. The First Lady …
Load More By Amadu Daramy
-
𝐕𝐏 𝐉𝐮𝐥𝐝𝐞𝐡 𝐉𝐚𝐥𝐥𝐨𝐡 𝐂𝐨𝐦𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧 𝐅𝐫𝐞𝐞𝐭𝐨𝐰𝐧
The Honourable Vice President, Dr Mohamed Juldeh Jalloh yesterday, commissioned a much-nee… -
𝐌𝐢𝐧𝐢𝐬𝐭𝐫𝐲 𝐎𝐟 𝐅𝐢𝐧𝐚𝐧𝐜𝐞… 𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐨𝐫𝐬 𝐂𝐨𝐦𝐩𝐥𝐚𝐢𝐧 𝐎𝐟 𝐁𝐨𝐮𝐧𝐜𝐞𝐝 𝐂𝐡𝐞𝐪𝐮𝐞𝐬
At least, two government contractors have complained bitterly that, payment order issued t… -
𝐒𝐈𝐄𝐑𝐑𝐀 𝐑𝐔𝐓𝐈𝐋𝐄… 𝐌𝐏𝐬 𝐎𝐩𝐩𝐨𝐬𝐞 𝐂𝐫𝐚𝐢𝐠 𝐃𝐞𝐚𝐧’𝐬 𝐓𝐚𝐤𝐞𝐨𝐯𝐞𝐫 𝐁𝐢𝐝
There is a growing consensus in the House of Parliament against the widely reported unsoli…
Load More In Business
Click To Comment
Check Also
𝐕𝐏 𝐉𝐮𝐥𝐝𝐞𝐡 𝐉𝐚𝐥𝐥𝐨𝐡 𝐂𝐨𝐦𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧 𝐅𝐫𝐞𝐞𝐭𝐨𝐰𝐧
The Honourable Vice President, Dr Mohamed Juldeh Jalloh yesterday, commissioned a much-nee…